I t is called a trading
book. In meticulous, spidery notations, it reveals just how the sloop Rhode Island, owned
by Philip Livingston & Sons, New York merchants, traded rum, tobacco and cheese for
guns, cloth and ivory in 1749.

Then, along the African coast, it traded those goods for 124 slaves.

The ledger is but one of more than 400 artifacts, documents, paintings and maps in a
forthcoming exhibition on slavery at the New-York Historical Society that detail the vital
connections between New York and the system of slavery that was an economic engine of the
Americas for more than three centuries.

"We all grew up with images of 'Gone With the Wind' and we thought slavery was a
Southern institution, but for 200 years slavery was a dominant force in New York,"
said Richard Rabinowitz, the show's curator.

The $5 million exhibition, "Slavery in New York," will open to the public on
Oct. 7. Its story begins in the 1620's and ends on July 5, 1827, when black New Yorkers
celebrated emancipation in their state. Late next year, a sequel exhibition,
"Commerce and Conscience," will extend the chronicle past the Civil War.

The show is a potentially controversial one for the society, a 201-year-old institution
that has stirred debate since it was re-energized by two wealthy, conservative
businessmen, Richard Gilder and Lewis E. Lehrman, the forces behind an Alexander Hamilton
exhibition that earned mixed reviews from historians last year.

"Many people, blacks as well as whites, have some trouble having the story of
slavery told in a major public venue," said James Oliver Horton, the Benjamin
Banneker Professor of American Studies and History at George Washington University, who is
the exhibition's chief historian. "But we do not have the right not to tell the
story."

Spanning 9,000 square feet in 10 galleries, "Slavery" will be half again as
large as the Hamilton show. Since the topic "is difficult and sensitive, we must be
impeccable historically," said Dr. Louise Mirrer, the society's president.

And so in Gallery 2 there is an original letter from the Dutch West India Company to
Peter Stuyvesant authorizing him to sell slaves; he hoped New Amsterdam could be the
busiest slave market in North America.

New York's busy economy of importing, shipbuilding, borrowing, lending and insuring was
based on a far-flung slave-labor force. Slave ships were good investments, Dr. Horton
said, and slaves were owners' annuities - property that could be rented out as a source of
income for years. Even newspapers were complicit, making money from ads about auctions and
runaways. "Slavery was not a sideshow," Dr. Horton said. "It was the main
event."

But the exhibition also highlights overt and covert slave resistance, including coroner
records of a 1712 revolt in which 9 whites were killed by 38 slaves.

A key curatorial challenge was that much of the historical evidence speaks solely in
the voice of the enslavers, said Dr. Rabinowitz, president of American History Workshop in
Brooklyn, an exhibition planning firm. But slaveholders revealed much unintentionally, as
in "runaway ads saying such things as 'there are whip marks on his back, but he loves
me,' " Dr. Rabinowitz said.

In addition to offering interactive visual presentations about slavery, the exhibition
tries to portray the experience of being enslaved - through, for example, the saga of the
20-year-old Deborah Squash, who escaped the employ of George Washington, fleeing to
freedom behind British lines.

Last fall's Hamilton show, though trumpeted as a blockbuster, drew smaller crowds than
expected and was derided by some historians as a glorification of Hamilton revealing a new
conservative bent at the society.

No specific attendance predictions are being offered for "Slavery," except
that "we will be mobbed," as Dr. Mirrer put it. The society has already kicked
off an $800,000 advertising campaign and plans a robust school-outreach effort, a Web site
and a companion book.

The show has been a magnet for money, including a New York City Council grant of
$500,000 this year (and $625,000 for next year's installment), as well as $803,000 from
the federal Department of Education. The lead sponsor is J. P. Morgan.

Although the society's literature portrays the exhibition as an untold story,
"historians have, for decades now, been exploring the impact of slavery on the
economic, cultural and racial foundations of the city," said Dr. Mike Wallace, winner
of the Pulitzer Prize for history in 1999 for "Gotham: A History of New York City to
1898," written with Dr. Edwin G. Burrows. Dr. Wallace wrote a scathing critique of
the Hamilton show in The New York Review of Books, faulting the exhibition for amateurish
museumcraft and charging that "the show opts for one-sided, hagiographic
boosterism."

The new exhibition is likely to be scrutinized by New York historians as well. "It
would be hard not to, given the unfortunate Hamilton show," Dr. Wallace said.
"But given who's worked on the slavery exhibition, I'm assuming it is going to be a
worthy, and hopefully exciting, enterprise."

The exhibition's potential to enlighten, as well as to offend, is multiracial, said Dr.
Howard Dodson, chief of the New York Public Library's Schomburg Center for Research in
Black Culture, which presented a 2000 exhibition on slavery. "With blacks it has been
a subject of embarrassment," he explained. "I know that was true with me when I
was growing up. And with whites, it's fear of being charged with being guilty because of
the sins of the fathers."

Steven H. Jaffe, a former senior projects historian at the society who worked on plans
for a show on slavery beginning in 2001 but was dismissed with other staff members after
Dr. Mirrer took over, said the society had "gotten really fine scholars on this
subject as advisers."

He added: "But the question is how the black communities in and around New York
are going to respond when an institution that is perceived as white and patrician starts
preening about 'what we're going to tell you about slavery because you don't know it' -
when a lot of people in the black community have known this for a long time."

Dr. Horton, a much-praised historian who was the adviser to "Slavery and the
Making of America," the recent PBS documentary series, disagreed. "I do not
believe that many blacks know this story," he said, adding: "This is not a case
of having an elite institution set up an exhibit on slavery without guidance. This exhibit
is based on exhaustive research."

His ambitions for the show are large. "This will help to provide historical
context for the conversation we need to have about race in this country," he said,
adding that it could be a corrective to historical hypocrisy. "The patriots used
antislavery rhetoric in reference to America's freedom," he said, "but they were
slaveholders - Washington, Jefferson, John Jay, Ben Franklin."

And indeed, Philip Livingston, the owner of the slave-trading sloop whose ledger is
part of the exhibition, had a son in the business, also named Philip Livingston, who
signed the Declaration of Independence. For New York.

Copyright 2005 The New York Times Company. Reprinted from The New York Times, TheArts,
of Tuesday, September 27, 2005.